Legal basis for the functioning of the antifraud system in the financial market

Abstract

This article examines the legal basis for the organization of antifraud activities in the financial market. The authors identify two conceptual models of committing fraudulent acts using information and communication technologies: when interacting with a client of a financial institution and without direct contact with him. It is concluded that the accumulation of an array of legal norms in modern Russian legislation make it possible to identify the institutional, organizational and functional foundations of the national antifraud system.

The authors consider the history of the development of anti-fraud legislation, identify the main regulatory legal acts adopted over the past few years in order to combat fraud in the financial market, and substantiate the identification of three main areas of anti-fraud monitoring. The results of the study are presented in the form of a table illustrating the architecture of the financial segment of the national anti-fraud system, including its participants, a list of anti-fraud measures (with a regulatory justification), and public and private information systems involved in the implementation of anti-fraud measures.